Although WD-40 Company (NASDAQ: WDFC) reported a 1.2% drop in fiscal second quarter profit owing to higher expenses, shares rallied in afterhours trading as earnings per share comfortably edged past analysts’ expectation, thanks to strong sales in international markets. The San Diego based Company also provided upbeat outlook on the current fiscal year.
Continue reading WD-40 Provides Robust Guidance on FY 13, Shares Rally in Afterhours Trading (WDFC)